Stock Slump Despite Record Quarter! FedEx Shares Lose Ground After Spin-off of FedEx Freight!
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Earnings Overachiever: FedEx surpasses market expectations for Q4 with an adjusted profit of $6.31 per share, well above the expected $5.96. Strategic Restructuring: Transition to a more focused parcel service provider completed with the spin-off of FedEx Freight effective June 1, 2026. Stock Dampener: Despite strong numbers, the stock falls 6.5% in after-hours trading as the outlook for the new fiscal year disappoints analysts. The US logistics giant FedEx (FDX) has broadly exceeded Wall Street expectations with its recent Q4 earnings...
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